<ul data-eligibleForWebStory="false"><li>The Delhi Development Authority has approved reforms to revitalize Delhi's commercial real estate sector, including reducing amalgamation charges for commercial properties and lowering multiplication factors for property auctions.</li><li>The reforms aim to make Delhi more attractive for investment, exploit underutilized commercial plots, and align property valuations with market realities to enhance competitiveness within the National Capital Region.</li><li>In addition to commercial policy changes, DDA approved a shift in land use in Narela to create an educational hub and sports complex. They also announced a premium housing scheme offering residential flats in prime locations.</li><li>The DDA's decisions are expected to trigger a new wave of commercial development in Delhi, attract more investment, and accelerate planned growth in Narela sub-city.</li></ul>

DDA Approves Reforms To Revive Delhi's Commercial Real Estate Sector

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